SGX To Start New Metals Contracts Trading

The Singapore Exchange is seeking to include three new contracts to the set of metal products it offers in partnership with the London Metal Exchange.

The Singapore Exchange (SGX) is seeking to include three new contracts to the set of metal products it offers in partnership with the London Metal Exchange (LME), Reuters reports. The exchange already offers mini-contracts in copper, aluminium and zinc futures along with the LME. The bourse is also planning to introduce central clearing for FX forwards. The SGX is hoping to take advantage of the global regulatory move to push as many over-the-counter derivatives through central clearing as possible.

Click here for the story from Reuters.